Submitted on Wednesday 18th March 2020
Rejected on Thursday 9th April 2020
Current status: Rejected
Rejection code: duplicate (see below for details)
GET BANKS TO STOP OVERDRAFT FEES
We want banks to freeze interest rates on all overdrafts and loans for 12 months. As one of the millions of micro-business owners in the UK who's been hit hard by the financial impact of the coronavirus, I believe it's criminal that banks are been allowed to charge interest on personal facilities.
We're in the midst of the biggest global financial catastrophe experienced for decades; and banks are still charging interest on overdrafts/loans & standing by recent hikes of 39.9% APR. Millions of people hit by reductions in their earnings will get to the end of the month with the banks taking their fees; pushing overdrafts into unauthorised due to additional recent hikes, thereby jeopardising direct debits; in turn generate more fees, thus creating a debt spiral & not having money to live on.
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
The Government e-Petitions Team gave the following reason:
There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
You may wish to sign this petition calling for the same action: petition.parliament.uk/petitions/305297
You can find out more about coronavirus and how you can protect yourself and others here:
NHS website: www.nhs.uk/conditions/coronavirus-covid-19/
UK Government website: www.gov.uk/coronavirus
You can read NHS tips to help if you are worried about coronavirus here: www.nhs.uk/oneyou/every-mind-matters/coronavirus-covid-19-anxiety-tips
3.142.197.83 Tue, 09 Jul 2024 00:15:21 +0100
